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Stock Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

iShares iBoxx $ High Yield Corporate Bond ETF (PACF:HYG)

Bear Market Rally (-75) - HYG is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HYG as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid HYG?

MarketClub looks at technical strength and momentum to determine if the timing is right for HYG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_HYG
Open High Low HYG Price Change
77.1700 77.2200 76.8925 76.9000 -0.1900
Entry Signal

MarketClub’s Trade Triangles for HYG

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 76.44

intermediate term up The intermediate-term trend has been UP since May 3rd, 2024 at 77.23

short term down The short-term trend has been DOWN since May 22nd, 2024 at 77.16

Smart Scan Analysis for HYG

Based on our trend formula, HYG is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for HYG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
77.1700 77.2200 76.8925 76.9000 -0.1900
Prev. Close Volume Bid Ask Time
77.0900 9615746 2024-05-23 10:59:38
Year High88.03Year High Date2018-01-08
Year Low82.7Year Low Date2018-11-20
52wk High78.0852wk High Date2023-12-27
52wk Low71.6852wk Low Date2023-10-23
Year End Close93.35Average Volume34,812,828
Shares Outstanding234,100Assets160,249M
Beta-0.23000000Volatility5.63
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